FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'foreclosure pipeline'


New York’s foreclosure backlog isn’t going away until 2016, at least

Prospects slightly better in New Jersey
"In New York, the recent private-label RMBS foreclosure backlog of 38,213 loans could be cleared in approximately 5.7 years using the last 12 months’ average exit rate of 1,684 loans and in approximately 2.4 years using the 2008-10 average rate of 4,059 loans," Moody’s Investors Service said in a new report.
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Fannie, Freddie foreclosure inventory hits new peak in Florida

Foreclosures in judicial states dwarf non-judicial states
According to a new report from the Wall Street Journal, the amount of foreclosure inventory held by Fannie Mae and Freddie Mac in Florida has reached a new high, topping the previous peak which was reached at the height of the foreclosure crisis in 2010.
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Foreclosure filings drop 25%

Hit lowest level since 2007: RealtyTrac
2013 was a strong year for housing as foreclosure filings tumbled to 1.4 million, a 26% drop from 2012 and the lowest annual total since 2007.
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Foreclosure pipeline drains out

Foreclosure inventory drops by a third year-over-year
The total number of homes in foreclosure in the U.S. dropped by almost a third year-over-year in November while falling to 46,000 completed foreclosures from 64,000.
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